TG 34 ApS — Credit Rating and Financial Key Figures

TG 34 ApS (CVR number: 31945410) is a company from ODENSE. The company recorded a gross profit of 714 kDKK in 2024. The operating profit was 361.1 kDKK, while net earnings were 173.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 13 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TG 34 ApS's liquidity measured by quick ratio was 15.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.